Geotab reaches over 200,000 connected vehicles in Latin America

• Geotab strengthens its position as a world leader in telematics by establishing its position as the supplier with the most connected vehicles in the region.

Mexico City, Mexico (January 24th, 2023) - Geotab, a global leader in connected transportation, exceeded 200,000 subscribers in the region and continues to drive the transformation to smart mobility by bringing customizable solutions to fleet managers. Despite economic challenges, growth continues to accelerate  in response to the return on investment demanded by businesses.

Telematics is advancing in Latin America, demonstrating its benefit as  an essential tool for fleet management. Geotab, with expertise derived from more than 20 years of experience, and now with more than 200,000 connected vehicles in Latin America, now has one of the largest fleet telematics footprint in the region, strongly positioning itself as the best option in the sector.

"Geotab offers comprehensive solutions that not  only connect vehicles to the network, but also provide detailed analysis on driving habits, travel history, risk register, fuel consumption, among other key indicators to safeguard information security, the well-being of road actors and the continuity of the operation," said Juan Cardona, Vice President of Sales in Latin America for Geotab.

According to the Fleet Management in the Americas report Abrir en una nueva ventana, it is expected that in Latin America, the number of fleet management systems will grow 12.6% and reach 8.5 million in 2026. There is still a large area of ​​opportunity in the region, since the adoption of telematics is less than 20%, and there are a large number of consumer goods, logistics, last mile, and fleet management companies that are looking for alternatives to increase the efficiency of their production processes.

Furthermore, with widespread economic uncertainty globally, companies will want to invest in solutions that help them optimize resources and generate savings over time. Geotab has options for small, medium and large fleets; in the case of the latter, of more than 100 vehicles, it has been very successful in terms of return on investment through insights generated by the data collected. In addition, Geotab works with dozens of fleets of Fortune 500 Abrir en una nueva ventana companies.

"The 200,000 Geotab-connected vehicles in Latin America are an excellent demonstration of the confidence that users have in our solutions. In 2023, we will continue to strengthen our presence and partnerships, adjusting to the specific needs of the Latin American market. We recognize that this region faces constant economic challenges and we want to be its first choice to meet its needs with innovative solutions," added Juan Cardona.